Court of Chancery of Delaware March 3, 2010, C.A. 4140-VCL (Pfeiffer v. Toll)

OPINION

LASTER, Vice Chancellor.

Plaintiff Milton Pfeiffer is a stockholder of nominal defendant Toll Brothers, Inc. (“Toll Brothers” or the “Company”). He brought this action to recover damages suffered by Toll Brothers resulting from alleged insider trading by the defendants. The defendants have moved to dismiss his Verified Amended Shareholder Derivative Complaint (the “Complaint”).